Roderick Corps - NICO Resources Ex MD

NICOF Stock  USD 0.05  0.01  18.03%   

Insider

Roderick Corps is Ex MD of NICO Resources Limited
Phone61 8 9481 0389
Webhttps://nicoresources.com.au

NICO Resources Management Efficiency

The company has return on total asset (ROA) of (0.0591) % which means that it has lost $0.0591 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.717) %, meaning that it generated substantial loss on money invested by shareholders. NICO Resources' management efficiency ratios could be used to measure how well NICO Resources manages its routine affairs as well as how well it operates its assets and liabilities.
NICO Resources Limited has accumulated 322.57 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. NICO Resources has a current ratio of 24.01, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist NICO Resources until it has trouble settling it off, either with new capital or with free cash flow. So, NICO Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NICO Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NICO to invest in growth at high rates of return. When we think about NICO Resources' use of debt, we should always consider it together with cash and equity.

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NICO Resources Limited engages in the exploration, development, and production of mineral properties in Australia. NICO Resources Limited was incorporated in 2021 and is based in Perth, Australia. Nico Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. NICO Resources Limited [NICOF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

NICO Resources Leadership Team

Elected by the shareholders, the NICO Resources' board of directors comprises two types of representatives: NICO Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NICO. The board's role is to monitor NICO Resources' management team and ensure that shareholders' interests are well served. NICO Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NICO Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Teck Lim, Chief Officer
Amanda CPA, Company Sec
Fergus Kiley, Gen Operations
Roderick Corps, Ex MD
MSc MSc, MD Director

NICO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is NICO Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in NICO OTC Stock

NICO Resources financial ratios help investors to determine whether NICO OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NICO with respect to the benefits of owning NICO Resources security.